Sheet Metal Workers Local Union No 1 Welfare Trust — Form 5500 plan (Board Of Trustees Sheet Metal Workers Local Union No 1 Welfare Trust F)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sheet Metal Workers Local Union No 1 Welfare Trust is a benefit plan reported by Board Of Trustees Sheet Metal Workers Local Union No 1 Welfare Trust F under EIN 37-0810664 and plan number 501. The latest loaded filing year is 2023. The filing reports 481 participants and $14,923,813 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Sheet Metal Workers Local Union No 1 Welfare Trust F
- EIN
- 37-0810664
- Plan number
- 501
- Plan type
- 1
- Location
- Schaumburg, IL
- Latest filing year
- 2023
- Participants
- 481
- End-of-year plan assets
- $14,923,813
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 481 | H, C | 20241211164239NAL0011644449001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,923,813
- Total liabilities (EOY)
- $644,782
- Net assets (EOY)
- $14,279,031
- Net assets (BOY)
- $13,667,696
Income & contributions
- Employer contributions
- $8,039,516
- Participant contributions
- $126,655
- Total contributions
- $8,166,171
- Total income / additions
- $8,990,488
Expenses & distributions
- Benefits paid
- $7,899,087
- Administrative expenses
- $480,066
- Total expenses
- $8,379,153
- Net increase / (decrease)
- $611,335
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Group Administrators, Ltd | NONE | $94,152 | $0 | 2023 |
| Marquette & Associates | NONE | $62,541 | not reported in the loaded dataset | 2023 |
| The Segal Company (Midwest) Inc. | NONE | $60,619 | $0 | 2023 |
| Cavanagh & O'Hara, Llp | NONE | $39,370 | not reported in the loaded dataset | 2023 |
| Romolo & Associates, LLC | NONE | $29,395 | not reported in the loaded dataset | 2023 |
| Savrx | NONE | $18,624 | not reported in the loaded dataset | 2023 |
| American Realty Advisors | NONE | $17,001 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Sheet Metal Workers Local Union No 1 Welfare Trust F
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Schaumburg, IL
- Group Administrators, Ltd — Schedule C compensation
- Marquette & Associates — Schedule C compensation
- The Segal Company (Midwest) Inc. — Schedule C compensation
- Cavanagh & O'Hara, Llp — Schedule C compensation
- Romolo & Associates, LLC — Schedule C compensation
- Savrx — Schedule C compensation
- American Realty Advisors — Schedule C compensation